Berry Petroleum ups quarterly div; to pay 10c special div

SAN FRANCISCO (MarketWatch) -- Berry Petroleum Co.
BRY, -1.82%
said after the closing bell Tuesday that its board approved a 7.7% increase in its quarterly dividend, a special dividend of 10 cents a share, and a 27% increase of its 2005 capital budget. The quarterly dividend was increased to 13 cents from 12 cents a share. The quarterly and the special dividends will be paid on Sept. 29 to shareholders as of Sept. 13. Bakersfield, Calif.-based Berry also said its 2005 capital budget is now $136 million, with the funds being directed at 10 additional wells and 10 workovers in California and 16 additional wells in Uinta Basin in Utah, among other uses.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information.
All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Intraday data delayed at least 15 minutes or per exchange requirements.